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NASFAA on Wednesday announced that its President & CEO, Justin Draeger, will be stepping down from his role, effective June 21, 2024 following the National Conference in Milwaukee, Wisconsin. “Serving in this role since 2010 has been an immense privilege and honor and this decision was not an easy one, largely because of the community we have built together over years of working together on behalf of our students,” Justin wrote in a letter to NASFAA members. Read the full letter to the financial aid community and catch up on more details concerning this upcoming transition.

NASFAA signed on to a letter this week, led by the American Council on Education, in response to the Department of Education's (ED) information collection request on gainful employment (GE) and financial value transparency (FVT) reporting requirements. In March, ED announced that it would delay the institutional reporting deadline for GE and FVT from July 31 until October 1. In this week’s letter, NASFAA and other higher education organizations urge ED to further extend the October 1 reporting deadline, and allow for ample time to implement any additional required reporting that would be published in a future Federal Register notice.

The following was posted to the FSA Tech listserv on April 18, 2024: "NSLDS identified an error with the calculation of Aggregate Loan Totals due to duplicate Capitalized Interest amounts. NSLDS deducts Capitalized Interest from an Aid Recipient’s Outstanding Balance when determining if a student is close-to or exceeding their Aggregate Limits." View the full answer to this question to learn more about the latest NSLDS guidance.

NASFAA's 2024-25 Self-Study Guides are now available as PDFs, or in an interactive e-Reader format, through the RedShelf platform. Written for the independent learner, each Self-Study Guide includes multiple lessons with a variety of exercises to reinforce each lesson. Upon completion of your Self-Study Guide, you can qualify to take the related credential test and potentially earn a NASFAA Professional Credential. Learn more about our Self-Study Guides on our FAQs page.

As part of its 2024 National Conference, NASFAA will be facilitating an in-person convening for financial aid administrators (FAAs) and prison education program administrators (PEP administrators). The focus of this convening, from June 14, 3:30 p.m. through June 16, 1:00 p.m. CT, will be on the creation and delivery of the entire spectrum of student and academic advising services for students who are incarcerated. Learn more, applicants are encouraged to apply as soon as possible but no later than April 26.

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